Enbridge's investment will help conserve and care for more than 7,400 acres (about 3,000 hectares) of some of the best remaining wildlife habitat in Canada. The investment is particularly significant at this time because, thanks to matching funds from sources including the Government of Canada's Natural Areas Conservation Program, it will trigger a conservation impact of more than $10 million over the next three years.
The investment aligns with Enbridge's Neutral Footprint program. Under the program, the company will move toward having no net environmental footprint from its future activities. The program comprises three commitments: Enbridge will plant a tree for every tree it removes, conserve an acre of natural habitat for every acre of habitat it impacts, and generate a kilowatt of renewable energy for every kilowatt of power its operations consume. Enbridge's investment in NCC will enable it to meet its 'acre for acre' commitment which, under current estimates, requires the company to help conserve about 6,000 acres (about 2,400 hectares) in Canada.
'Enbridge has taken a significant step toward conserving Canada's special places. We are fortunate to live in a country that still has the opportunity to protect the natural areas we love. If we are going to have a healthy natural environment, we must act to conserve these important places and the species they sustain.' John Lounds, President and CEO, the Nature Conservancy of Canada.
'We are proud to partner with the Nature Conservancy of Canada and pleased that our investment will help conserve some of Canada's best and most ecologically important natural habitat. NCC is a well-respected organization with a great reputation for thoughtful, science-based conservation work built over nearly 50 years.' Pat Daniel, President and CEO Enbridge.
The Nature Conservancy of Canada (NCC) is the nation's leading land conservation organization, working to protect our valuable natural areas and the plants and animals they sustain. Since 1962 NCC and its partners have helped to protect more than 2 million acres (800,000 hectares), coast to coast, 178,000 acres (71,000 hectares), in Alberta. To learn more visit, http://www.natureconservancy.ca/
Enbridge Inc., a Canadian company, is a North American leader in delivering energy and one of the Global 100 Most Sustainable Corporations. As a transporter of energy, Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system. The Company also has a growing involvement in the natural gas transmission and midstream businesses, and is expanding its interests in renewable and green energy technologies including wind and solar energy, hybrid fuel cells and carbon dioxide sequestration.